News Release: Capital One Provides $30 Million Senior Secured Revolving Credit Facility to University Health System
Bethesda, MD (June 30, 2016) – Capital One announced today that it has provided a $30 million senior secured revolving credit facility to University Health System, the clinical partner for the LSU Health Shreveport School of Medicine and operator of two hospitals in Shreveport and Conway, Louisiana. Both are safety net hospitals providing healthcare to […]
News Release: Just Closed – Houston Metro Medical Office Building
The JLL Healthcare Capital Markets Group is pleased to announce the sale of Imperial Medical Center, a 128,819 square-foot, Class A medical office building, located in the affluent Sugar Land submarket of Houston, Texas. Steve Leathers of the JLL Healthcare Capital Markets Group served as the seller’s exclusive advisor. The buyer was a joint-venture between […]
News Release: Taylor Design Names Andrea Walden as Director of Business Development
Irvine, Calif. (June 28, 2016) – Taylor Design, a solutions-oriented architecture, environments and strategies firm, has named Andrea Walden to Director of Business Development. In this role, Walden will focus on increasing Taylor Design’s market share further expanding its portfolio of science and technology, healthcare, and education design work. “I am thrilled to be part […]
News Release: Capital One Closes $61 Million Term Loan and $12 Million Revolving Credit Facility to CommuniCare Family of Companies
Bethesda, MD (June 28, 2016) – Capital One announced today that it served as sole lead arranger and administrative agent for a $61 million syndicated term loan and $12 million syndicated revolving credit facility to affiliates of CommuniCare Health Services. The loan and credit facility were used for the acquisition of nine skilled nursing facilities […]
News Release: Woodside Health Enters Phoenix Market with Purchase of Arrowhead Creekside Medical Office Building in Glendale
Phoenix, AZ (June 27, 2016) –Newmark Grubb Knight Frank (NGKF), announces the purchase of 7200 W. Bell Road in Glendale by Woodside Health/Crescendo Commercial, making its first acquisition in the Phoenix market. The eleven building, 69,930-square-foot portfolio of single-story properties was sold by IX CW 7200 West Bell Road, L.P. for $10,936,000, or $156.38 per […]
News Release: Just Sold – 60% Vacant Medical Office Building Trades to User Orange County, California
7872 Walker Street, La Palma, CA CBRE’s Investment Properties-SOCAL team is pleased to announce the sale of 7872 Walker Street, a two-story 59,245 SF medical office building on 2.15 acres in La Palma, California to a user who plans on renovating and occupying the building. The property was approximately 60% vacant at the time of sale […]
News Release: Executive’s world changed with cancer diagnosis, but found hope at Baptist MD Anderson Cancer Center
Groundbreaking of new nine-story building will provide more patients with individualized care Jacksonville, Fla., June 23, 2016 – When Brandy Eger’s world was turned upside down after being diagnosed with an aggressive form of breast cancer, she didn’t know how she would make it through. One of the places the senior bank executive found comfort […]
News Release: Just Closed – Atrium Medical Center Professional Building
The CBRE U.S. Healthcare Capital Markets Group acted as the advisor for the sale of the Atrium Medical Center Professional Building in Middletown, Ohio. Sale Date 16-Jun-16 Sale Price $19,300,000 Price Per SF $186 Building Size 103,175 SF Occupancy 80.30% The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the […]
News Release: HRE Capital secures debt financing for the acquisition of a 48,267 SF MOB in Sarasota, Florida.
Transaction Overview Healthcare Real Estate Capital (“HRE Capital”) was selected as the exclusive financial advisor to AW Property Co. (“AW”) related to securing debt financing for the acquisition of a 48,267 square foot medical office building (“Asset”) located in Sarasota, Florida. Built in 2006, the multi-tenant medical office building is located directly adjacent to the […]
News Release: Griffin-American Healthcare REIT IV Enters Agreement to Acquire Rochester Hills Medical Office Building Near Detroit
DETROIT, Mich. (June 23, 2016) – American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire Rochester Hills Medical Office Building, an approximately 30,000-square-foot medical office building in the Detroit suburb of Rochester Hills, Michigan, from an unaffiliated […]
News Release: Raymond James serves as Financial Advisor to Baylor College of Medicine in connection with a $143M tax-exempt refunding and new money financing
Raymond James Healthcare Finance assisted the College in analyzing alternative refunding scenarios, the result of which was a deliberate one-year delay in the refunding plan. The delay resulted in significantly improved economics with present value savings exceeding $25M or 16% of the refunded par, which was more than double the level of savings from the […]
News Release: Hammond Hanlon Camp LLC Advises Rizk Ventures on Sale-Leaseback Transaction of San Rafael Hospital in Bogota, Colombia
NEW YORK – (June 22, 2016) – Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to Rizk Ventures Colombia (“Rizk”), a New York-based private investment firm, on the acquisition, and subsequent sale-leaseback, of the Hospital Universitario Clinica San Rafael (“San Rafael”) from National Clinics Colombia. Founded in […]
News Release: Duke Realty promotes Tosha Clay to Vice President, Regional Asset Manager for medical portfolio
Property management professional will oversee more than 80 healthcare properties totaling 6.5 million square feet in 16 states INDIANAPOLIS and ATLANTA, June 22, 2016 – Duke Realty, an Indianapolis-based nationwide commercial real estate company, has promoted Tosha Clay to Vice President, Regional Asset Manager for the company’s medical properties. Ms. Clay joined the company’s Atlanta […]
News Release: Louis Goetting Partners with Cushman & Wakefield’s Robert Donnelly for Healthcare Real Estate Advisory Services
Long-time N.J. Public Servant Brings Expertise on Rapidly Changing Business Model MORRISTOWN, N.J., June 22, 2016 – Long-time New Jersey public servant Louis Goetting has joined forces with Cushman and Wakefield Executive Vice Chairman Robert Donnelly and his Morristown-based brokerage team to provide strategic consulting and guidance for their growing healthcare real estate services practice […]